Sixxon Tech Co (TPE:4569) Days Sales Outstanding : 91.66 (As of Mar. 2024)

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What is Sixxon Tech Co Days Sales Outstanding?

Sixxon Tech Co's average Accounts Receivable for the three months ended in Mar. 2024 was NT$352 Mil. Sixxon Tech Co's Revenue for the three months ended in Mar. 2024 was NT$350 Mil. Hence, Sixxon Tech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 91.66.

The historical rank and industry rank for Sixxon Tech Co's Days Sales Outstanding or its related term are showing as below:

TPE:4569' s Days Sales Outstanding Range Over the Past 10 Years
Min: 83.78 Med: 89.49 Max: 117.71
Current: 89.68

During the past 4 years, Sixxon Tech Co's highest Days Sales Outstanding was 117.71. The lowest was 83.78. And the median was 89.49.

TPE:4569's Days Sales Outstanding is ranked worse than
58.6% of 2947 companies
in the Industrial Products industry
Industry Median: 79.82 vs TPE:4569: 89.68

Sixxon Tech Co's Days Sales Outstanding increased from Mar. 2023 (87.71) to Mar. 2024 (91.66).

Sixxon Tech Co Days Sales Outstanding Historical Data

The historical data trend for Sixxon Tech Co's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sixxon Tech Co Days Sales Outstanding Chart

Sixxon Tech Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

117.71

85.41

83.78

93.57

Sixxon Tech Co Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial						87.71	92.88	87.45	82.34	91.66

Competitive Comparison of Sixxon Tech Co's Days Sales Outstanding

For the Metal Fabrication subindustry, Sixxon Tech Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sixxon Tech Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sixxon Tech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sixxon Tech Co's Days Sales Outstanding falls into.

Sixxon Tech Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Sixxon Tech Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (293.445	+	330.13)	/	2 )	/	1216.208	*	365
=	311.7875					/	1216.208	*	365
=	93.57

Sixxon Tech Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (330.13	+	373.69)	/	2 )	/	350.345	*	365 / 4
=	351.91					/	350.345	*	365 / 4
=	91.66

Sixxon Tech Co (TPE:4569) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Sixxon Tech Co Days Sales Outstanding Related Terms

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Sixxon Tech Co (TPE:4569) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sixxon Tech Co Ltd (TPE:4569) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 189, Section 2, Keelung Road, 110-13, 13th Floor, Xinyi District, Taipei City, TWN

Website

https://www.sixxontech.com

Sixxon Tech Co Ltd is a product solutions company providing comprehensive design, manufacturing, supply chain, and product management services. Its main business is the design, manufacturing, processing, and sales of precision metal parts and components of automotive, industrial applications, electronics, and medical products. It uses 3D design software as development aids for metal raw materials such as copper, aluminum, titanium alloys, steel, and stainless steel, and complex multi-axis machines to enable Various metal materials to be processed in a single machine; and through on-site monitoring software.

Sixxon Tech Co (TPE:4569) Headlines

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